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that kind of lodge quick from a ceo, particularly from a an industry giant. speaking of energy industry giants now that the election is over what will happen with the keystone xl pipeline? it is planned to stretch from canada to the gulf of mexico and has been plagued with controversy since day one. construction on the southern leg is underway but the northern section is still up for debate. transcanada hopes its most recently revised route will ease concerns over nebraska's environmentally sensitive sand hills region and i had a chance to ask ceo russ germing to lay out the details. tell me about the route. hopefully we can put the picture up again. there are a quite a few little loops along the way to make sure it doesn't touch this environmentally sensitive area. in a way are you sort of calling the president's bluff, saying, well, we have done everything we're supposed to, now approve it? >> i think we've done that, we've done everything that we are supposed to do for the whole process that started well over four years ago. and, this is just the latest, you know, adjustments we made
? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and voted to extend all of the bush tax cuts and voted on an alternative to the automatic spending cuts that are due to kick in in the new you year and today the top senate republican said why wasn't this addressed months ago? >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. >> so clearly a lot of blame game back and forth between republican and democrats but perhaps most importantly a white house meeting tomorrow with all of the key players face to face with the president. harris? >> they are talking. now, if we could just get them to talk to each other. the president and senate already returned and now we know house lawmakers due you to come back on sunday. >> there was a quarterback between the house gop leadership and ran
is your best bet? >> there is no dow that energy stocks, to me, we are seeing the spikes in oil prices today. lori: you are basically saying try to raise some cash during this last week. that could be your fine opportunity. >> right. you have to think back at what these companies are saved. they are not overly optimistic. they were not doing back flips about the future. sometimes waiting is the best investment strategy that there is. you have to begin to see whether they will begin to grow. most companies have to face the facts. most companies are making money because of cost-cutting. i think we have to really look at ways to just be ready. the best place to be -- lori: lean and mean. cash is, well, i guess that is why you had a debate. i guess i can hold on for two weeks. >> i agree. they are lean and mean. every quarter, they are cutting more and cutting more. now, we are at the point if they are able to prove that this make sense, they will be able to show that they can grow. this could make or break a great quarter. corporations dealing with uncertainty really shows that it will ei
a big big portion of the problem. thank you. host: what energy end of the year energy issues are we looking at here and which ones are likely to get punted down the road? guest: that's a good question. i'm not sure what energy issues -- i'm not aware of any -- host: tax issues? guest: tax issues for the fiscal cliff. but going down the road you definitely have some issues. there's the need for a new highway bill, they've had trouble tasking the highway legislation because no one is willing to increase the gas tax. and our gas taxes are the main ways we pay for new roads and bridges and that kind of thing. so i think that's a relatively short-term problem. and then over the long term, which i've talked about here before, is that given that we're going to need some rev now help solve our future fiscal burden, one of the most sensible places to raise revenue would be through a carbon tax or something similar because that can also help us reorient our energy priorities to cleaner, less damaging greenhouse gases type of energy. host: i want to note that you can go to the c-span fiscal cl
. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil, yet this year it is expected to reach nearly ten million barrels. how different is the technology that we're seeing here today versus what you were doing out here a couple of years ago? >> it's unrecognizable today compared to what we were doing just two or three years ago. >> reporter: oil companies used to mainly drill vertical wells, hitting one pool of oil. but now they are rapidly converting to horizontal wells up to a mile long and combining them with fracking operations which split open rocks, releasing oil once considered out of reach. and one drilling rigs can now install multiple wells in one location, making it more cost- efficient. a horizontal well produces seven to ten times more oil than a vertical well. >> today, we're not running any vertical rigs, and we're running eight horizontals. >> reporter: so this really is the future of what you're doing out here. >> it is. >> reporter: th
, the rule of law for all, the right of peaceful nuclear energy for all. >> but do you want, do you want, mr. -- >> allow me, sir. allow me. >> the question wasn't any of that. >> but i will get to that answer. don't be in such a hurry. >> should israel be wiped off the face of the map? is that your desire? >> translator: if a group comes and occupies the united states of america, destroys homes while women and children are in those homes, incarcerate the youth of america, impose five different wars on many neighbors and always threaten others, what would you do? what would you say? would you help it? would you help that entity or what you help the people of the united states? so when we say -- when we say to be wiped, we say for occupation to be wiped off from this world, for war seeking to be wiped off and eradicated, the killing of women and children to be eradicated and we propose the way, we propose the path. >> what they're really saying is despite the fact we deny the holocaust, threaten israel, demonize the united states and all this stuff, we want you to trust us. in spite of the fa
. back to you, carl. >> seema, thanks so much. check out some energy in metals this morning. let's go to our favorite birthday girl of the day. bertha coombs. >> thank you very much, for the birthday wishes. you know, it's national chocolate day. what else would be better on your birthday? except for a lot of inventory numbers today, delayed because of the christmas holiday. we have energy at the moment fractionally higher across the board. the dollar index weakening just a hair at the moment. despite the fact that we had industry numbers that were a bit bearish. the api putting out numbers of crude stocks. when you look out at the estimates for the eia, we're expecting to see a drawdown of crude of 2 million barrels. crude, the third weekly gain. one of the biggest gains we've seen in a long time, nearly 3% this week. it's looking fairly technically strong. gasoline will be the one that people will watch. eia estimates are for a build there of 250,000 barrels. it's closer to that than what we saw from the api at 2.5 million barrels. that's certainly going to be more bullish for gasol
for in 2013. harris: there are three you said. what are they? >> housing, energy and huge amount, trillions of dollars sitting on the sidelines by corporate america, waiting to come into the economy once this picture clears up. harris: we're getting housing numbers coming this week already. we're starting to see prices rose a little bit this fall. that is a good sign. we're seeing housing starts have come up as well. so i understand that. energy. >> energy is a game-changer, it really is. we look what is going on around the world. the europeans, far east, they're paying over $17 a btu for natural gas. we get it for $3 in this country. dow chemical just proposed building the largest chemical plant it has in the world here in this country because of the competitive advantage of natural gas. imagine if we could liquify, ship it to europe, ship it to the far east. not only would we have a huge impact on trade balance but actually help the economies out too. game-changer. harris: you mentioned cash on the sidelines. where is that coming from? >> corporate america and consumers, and we saw it thi
want to switch topics. he has also been a big step in of energy policy -- champion of energy policy. discovery of natural gas in your state has changed the economy. where do you think this new discovery of this resource is going to lead us? >> i did it is incredibly positive for the united states. we of gone from 60% foreign energy dependence down to 40%. there are a lot of projections now the we could become energy independent over the next several decades. that would be an incredible boon to this country. instead of sending $400 billion or five order billion dollars abroad every year to buy scarce energy supplies for people who do not particularly like us, we could be spending that at home. think of the difference that will make to the economic strength of united states. think about what it will mean to job opportunities, the economic strength of america. natural gas is a very clean resources compared to many of the other options. our progress . on reducing dependence has also been on grenoble's. -- progress on reducing dependence has also been on renewables. all across north dako
, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. >>> a big programming note to mark down. president obama will speak to nbc's david gregory on "meet the press" this sunday. it is obviously a critical moment for the economy, so you are going to want to tune in. "meet the press" is sunday morning. we be right back. [ thunder crashes ] [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere. >>> in 2009, presid
, to our energy community who rely on energy tax breaks to keep on moving and keep on producing. so i don't want to see economic growth derailed. it was too horribly painful to sit through this very difficult economic recovery inch by inch, every day hoping we would push forward despite the odds. we have the -- we had the economic crisis in europe that weighed on us as well. well, what we did this morning was important. so i want to close by saying this to my friends in the house, all of them, democrats, republicans, liberals, moderates and conservativesmen conservati. this is not a perfect deal. we all know it. you know, each of us can find a piece of it that we really, really don't like. but on the whole, it will give certainty to this economy. in many cases, many of the provisions are permanent, like the a.m.t. it gives certainty and certainty is critical. we will not go back. we will not take billions and billions of dollars out of this economy. we can't do that now. and i would say to my conservative friends over there, now it's the 1st of the year, you're actually cutting taxes now.
and cleleads uo a path in january. the agenda set out there in energy independence, education, what they want to do can still be well addressed. i believe it dmeepends on how t next few days work out. if they can't address the fiscal cliff, there's no way they can address the grand bargain or debt ceiling. i think they are going to do it, quite frankly. >> really, a pleasure talking to you both. enjoy the new year. you are enjoying family time and keeping your eyes on the redskins. i won't say which is which. happy new year. >> office politics the lester holt now. he tells us about two stories he will never forget. also, he will talk about his love of music. you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. simple. effective. take that, 50 pound thingy. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. [ bu
... >> this activist worked to fight climb at change, protect forests and promote clean energy. she drowned. there are plans to hold a public memorial service in san francisco at a date yet to be announced. >>> a wide array of champagne in a small neighborhood store is one sign that new year's eve is almost here. how san diego is getting ready. >>> at muni's 100th an versary, how this tunnel helped reshape a city. >>> plus, late -- anniversary, how this tunnel helped reshape a city. >>> plus, late night accident, we were just told both people died. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> we just learned, two
beings have what i call discretionary not. -- energy that they can give you or not. and i don't think they will give it to you if they don't feel that they're treated with dignity and respect every day. if people can say i'm treated with dignity and respect, a down payment on that is nobody ever gets hurt here because we care about our own commitment to our safety and we care about the people we work with, and it swells up into everything you do so it creates a sense of pride about the organization you're involved in. >> and then you start asking them for increased productivity and increased -- >> they give it to you. you don't actually have to ask for it. you need to turn them loose. >> describe how alcoa did over the course of your tenure. >> well, we went from 1.86 for 100 workers per year having an injury that caused them to miss a lost work day. we got to 0.13. to give you a reference point, the number in health medical care institution in the united states is 5. right. >> and now describe what happened to alcoa commercially, financially under your tenure. >> well, i think we imp
. the whole way up, hansen, a beverage company that got momentum from monster energy drink, so much momentum with this energy drink it renamed the company monster. ultimately, it was a fad that would dry out and crash. it took years for the momentum to top out. i knew how stocks worked. peaked in july 2006, in part because they did a 5-1 split. even though they weren't supposed to do anything this encouraged people who had been in hanszen a long time to take it off the table. and it picked up its fourth analyst, may 10, 2006 when goldman started covering the stock. two months to sell between goldman's initiation and the stock peak. prudence dictated we sell once the stock had four analysts. better to clear out early with inning than to wait for them to fade away. hansen and all other hot stocks started to cool off. and incredibly after hansen fell off the radar screen, and the active analyst coverage dwindled, the stock dwindled. an amazing ren nance, and when analysts stop following the company, but the company's earnings start special lating as the case with hansen in 2011, a storied l lik
. that was a near miss. something about labor disnews is the port. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphone 4s. this is not the most current model, iphone 4s, had verizon, tough pay $99. that is the outdated model. i encourage -- i don't know if people can tweet to the show, i would love to see photos of people actually using the nokia lumia. >> even for free, you mean? >> free or charged. >> would they use it for free? >> don't believe it is being used. >> on the subway, i count who's doing what. i've seen -- >> being very par
you. host: joshua gordon, what in the year energy issues are we looking at? -- >> end of the year energy issues are we looking at? guest: i am not aware of any major ones for the fiscal cliff. going down the road, and you definitely have some issues. there is the need for a new highway bill. they have had trouble passing highly legislation because no one is willing to increase the gas tax. our gas taxes are the main way we pay for the new roads and bridges and that kind of thing. i think it is a relatively short-term problem. long term, we're going to need revenue to solve our future fiscal burden. one of the most sensible places to raise revenue would be through a carbon tax or something similar. that can also help to reorient our energy priorities to cleaner types of energy. host: i want to note that you can go to the c-span fiscal cliff website to get the latest information. you should be checking back over the next 48 hours as things develop. guest: 8 the deadline this afternoon. the senate has set a self- imposed deadline for 3:00. host: is that senator reid's plan b? guest:
the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale ends midnight january 2nd. >> shannon: descrawment new video of the moment a russian plane overshot the runway and crashed into a highway in moscow. you can see the tire hitting a car. it broke into pieces and caught fire. eight people were on board that plane. all were crew members. officials say five have died. three others are severely injured. no word on any injuries on the ground there. investigators are looking at the flight recorders and other evidence to find out what happened. on january 21, president obama will publicly celebrate his second inauguration. so what should we expect in his next term? he will hav
about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> fiscal cliffhanger. a white house meeting as we head into the last weekend before the big deadline. >> wanted in new york. police say the woman seen running away there on the right pushed a man to his death in front of a moving subway train. >>> a baseball cap controversy. the braves new retroloe logo raising a few eyebrows. >>> your take-home pay on the line when the president and congressional leaders meet at the white house this afternoon for an 11th hour fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice presiden
right now. not in insignificant number. across the board. financial, energy, there are several energy conservation rules that are at the white house right now. there is also epa rules at the white house. it spans the sector. a lot will depend on how fast these rules come out. it is in a pretty slow pace as of late. liz: we know that the epa has been issuing a lot of rules. will that basically slow the new regulations coming out of the epa or not? >> it does not seem likely. apparently, her deputy is in place to take over the reins. for example, just last friday, they released what is known as rules for boilers and submit kilns. she announced today. according to white house documents, by spring you busy final rules for greenhouse gas regulations for new power plants. liz: how many of these new rules are confirmed by the u.s. congress or are they just coming out of regulatory agencies. is it 50%? >> we have actually looked at that data in terms of what has a judicial deadline. the rules are 10%. now, under dodd-frank, that is expected to come out in january. a lot of these rules, especi
the administration, destroy the energy of government, and substitute the pleasure, caprice or artifices of an insignificant, turbulent, or corrupt junta to the regular deliberations and decisions of a respectable majority." but in recent years, the senate has been remade into a super majority constitution. you need 60 votes to get almost anything done. between 2009 and 2010, we had more filibusters than we had in the '50s, '60s, and '70s combined. and they're not filibusters like we think of them, where the senators go to the floor and debate an issue until they keel over from exhaustion. they're just obstruction. if you watch a filibuster today, it doesn't look like anything. it's the blue screen on c-span, the one with the classical music playing over it. you don't tune in to here an intense minority demand a great debate on the issue of the day. you tune in to hear a string quartet. senator jeff merkley, a democrat from oregon is trying to change that. he's got a proposal to force talking filibusters in the senate. it wouldn't change what i think is a central part in the senate, the
are financials which are the best performing sector of 2012. taking a turn south in today's session. energy and materials actually also joining the fray among the leading laggers within the sectors that we followed. we also wanted to point out jcpenney. it was an outlier and today it reverses. it's having its worst day in six weeks, i believe. the reason being there was an article in the wall street journal saying it's a do or die year for jcpenney. >> wow. that was an intraday chart. normally they fall and then they hold. this thing looks like a ski slope. getting worse and worse as the session goes on. >> yes. >> thank you, mary. >>> in terms of percentage declines, the nasdaq is the biggest winner or loser. seema mody, following the winners. >> seems like investors are following the developments or lack of developments out of washington. that's what's weighing on the nasdaq. we're down about a percent. large cap tech. google down a percent. apple down a similar amount. two headlines to watch on shares of apple, holiday retail survey shows customer satisfaction with apple's online stores
doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says estimated $45 billion, you heard me correctly, $45 billion bucks will be spent new, expanded pipelines, railcars, rail terminals and that is just next year. how do you get in on this, right? it is a windfall. but is it realistic? we'll turn to andy lipow. andy i would have assumed it was shipped by pipeline. what is it about railcar? it seems awfully 19th century to ship oil that way. >> it is new development in the oil patch but if you look at oil production in north dakota, we simply don't have pipeline to move that oil east and west coast where we have significant amount of refining capacity. adam: what saying invest in who? the rail companies that ship oil or the companies that actually make steel for the tracks? what do i do with my money? >> well we actually have both of them. in fact on the railroad front we have burn link ton northern owned by berkshire hathaway but other winners in this will be the union pacific, th
. natural gas, energy exploration in this country is turning into a big tailwind. how much do you dismiss those, if at all? >> i think they're all great stories. second half 2013 could be excellent and growth could really accelerate. all the things you mentioned are important. i would also allow the fact that household debt to income is going to fall back by the end, we think of next year, back to the long-term equilibrium level. the health sector is healthy. raised a lot of capital. europe has stabilized. but the problem is the politics. it's hard to quantify the politics. and we've seen business confidence also move lower. so it's really all about washington. if we get some clarity on the fiscal side, i think growth next year could be much better than what we're looking at at the moment. >> that is a big if. joe, have a great new year's. see you in 2013. >> same to you, carl. >> the markets are set to open lower. the nasdaq closing in negative territory for the last five sessions. the major indices are still on track to end with gains. having the best year in 2010. the s&p 500 up more t
. it impacts those of us concerned about the energy and security of this country because the farm bill contains ways to promote alternate energy sours, ways to create a biofuel industry that is robust and creates consumer choice. for those concerned about exports connected to the agricultural exports, we lose the ability to market exports without a farm bill. if you're concerned about the ability to add adequate nutrition and supporter of farmer's markets and want to see an expansion of that, can't do it because there is no farm bill. if you like the idea of fields expanding habitat opportunities or you like to hunt and you like to fish, your hobby, your vocation, if you will, in that area will also be affected by no farm bill because a lot of the programs are not extended. if you're a farm family, you're going to be impacted. so there is an impact and an effect by not having a farm bill. >> congress has three options before the end of the year to prevent the price spike and everything that comes with it. they could either extend the current bishlg pass a new bill or some kind of provision to k
. it was going well until the middle part of last week where he had low energy days and things snowballed. it probably was exactly the wrong time pause of his weakened condition. >> mr. bush is the country's oldest living president. his doctors are cautiously optimistic. >> david lee miller, thank you. >>> the head of the environmental protection agency, lisa jackson, is leaving her post. in a statement, she said she will leave the epa confident the ship is sailing the right direction. the president released a statement praising lisa jackson for taking steps to protect our air and water, helping to combat climate change and passing new fuel economy standards. republican lawmakers and industrial groups often accused her and the epa of killing jobs, making it harder for american companies to compete on the world stage. >>> every year thousands of american families save russian children from horrific conditions but that could stop. critics say it's all because russia's president is making a political ploy. we speak with a family about their efforts to adopt a russian child and what the move
and if the obama plan can pass the senate, but there's a bit of optimism, a bit of energy, the body language finally looks a bit more positive. back to you. >> steve, with that improvement body language and the prospects that maybe something will happened, doesn't the fact remain that representative boehner does not seem to have control of the republicans in the house, a group of them standing firm, no taxes -- on a no tax increase on anybody. >> that's right, which is why boehner pulled the plug, jim, you'll recall, on that vote, which was supposed to be a show vote to put the pressure on the president to draw the line at a million. when he realized he didn't have a majority of the republicans, he didn't go forward. what this is now is an old school where you have a bipartisan society, where boehner would be asked to permit a vote, even if he knew most republicans would vote no. it's humiliating for a speaker, especially in this milieu, in the world we live in now. it would set up boehner to maybe lose the speakership when the vote is taken in the house for that on january 3rd. it would cer
? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. ♪ ♪ ♪ >>> it was sunday afternoon, almost two full days since quinn was abducted and after a terrible morning when the money drop at the crab shack restaurant turned so disastrous. a text message, apparently from quinn, was sent to her mom's cell phone around 2:00 p.m. ♪ ♪ >> mom, please, no cops. i am so sorry about all of this, but they are pisseb, and i want to see my girls. the fbi hostage negotiator was toni cavity. >> you think about the kids in a situation like this? >> absolutely. we had made arrangements for them to stay elsewhere so they would be preserved from this. we are preserving life. >> doub you believe quinn isn't alive anymore? >> we don't know. >> investigators are becoming increasingly worried that they hadn't heard quinn's voice since the day before and then at about 5:25 that evening another text message came in to quinn's mom's phone. >> i do not get access to my phone. have reid ch
than hers, and i saw those clothes with energy. and i get less? this is unfair. unassetable there's a difference in minimum wage and not a difference in the skills of youth. the minimum wage is 21 years and older went up by 11p but for 16 to 18 it stayed the same. is this snare this is up acceptable. this is a campaign, there needs to be a change. thank you. [applause] >> who have we got from the northwest? the northwest. massive troop of people from the northwes ha you all notpoken before? okay. what about the guy at the end? yes. right at the end with the gra suit. >> i'm daniel and i'm from the northwest. minimum wage isn't the be all end all of wages. [inaudible] young people we don't have much experience, massive unemployed people from all ages. they've got more advantage than . we have to pay -- [inaudible] >> we have to can useoo that to our advantage. thank you. >> okay. the young woman in the corner of the chamber. with flowers in her hair, leapt to her feet and has been striving regularly to contribute. now you can be heard. >> i'm from the southwest of england. we can c
? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> a new russian law has left some families in the united states devastated. wondering if they'll ever again see the children they have been working to adopt and bring home. russian president vladimir putin today signed a controversial law that bans american families from adopting russian children. the law is seen as retaliation for a law president obama signed earlier this month opposing retrictions on human rights abuse in russia. they said, quote, the russian government's politically motivated decision will reduce adoption possibilities for children under institutional care. we're further concerned about statements that adoptions already under way would be stopped and hope the russian government would allow those children who have already met and bonded with their future parents to finish the necessary legal procedures so they can join their families. they say there are 46 children in russia whose adoptions are almost complete and those adoptions now co
of some of the tax credits for education, for clean energy that he got in the stimulus package, his administration, when he said that we are going to seek more revenue, when the big discussion of spending cuts ripens in the next couple of months before the debt ceiling that was an important signal to democrats that you may not like what i got in this deal. you may think we're not getting enough tax revenue from affluent americans, but i'm going to go after more when we talk about cutting spending on issues of the major entitlement programs, including medicare and social security. he was trying to buck up democrats who are not happy with this deal. and i think vice president biden is doing that right at this moment with senate democrats. >> well, the vice president is certainly getting the lion's share, you know, of credit maybe. but certainly attention surrounding this issue. take us through the relationship between him and minority leader mitch mcconnell who personally requested his participation in these negotiations. >> there are big political differences between the two, but the
? there's not really going to be any time or energy to do anything else? >> you're absolutely right. you have imagrees reform, gun issues out there. the problem is we are starting to look like an ungovernable country. we're starting to look like a country where one of our two chambers of the legislature literally has ceased to tucks. that is what's dangerous to the bond markets, what's dangerous to us long term. hopefully they will figure out how embarrassing this is for the country and how bad it is for bond markets and get it together. >> leigh, you work at "fortune" magazine. i have heard a lot in the last several weeks about how the ceos were going to step up. they signed their letters, made their statements, and then we were supposed to follow through and twist some arms to get the deal done and to make sure people understood there were real world consequences to this kind of debate. where are those ceos now? >> well, it's funny. we don't exactly know, but i mean, you know, the president and the white house made a decided effort to really court wall street this time around instead o
throughout today and tonight. let's break it down. you see the low sliding off the coast. getting energy if the west. it becomes intense and stays to the south of new england. now with that flow, we're getting the winds coming from the north, picking up the moisture from the atlantic. that's why eastern massachusetts, if you can see the brighter white here, indicates a little bit more intense snowfall. it is still something we're monitoring because the as the low slides east or west, that would impacts how much rain versus how much snow you get in new england. whether you're in new england or not, you'll face some travel troubles today. we have airport delays forecast for the northeast, the mid-atlantic, the midwest. and even down here in the south, we had delays in charlotte this morning. and on the west coast, we could see delays, low clouds and rain even in los angeles. busy travel weekend. lots of weather coast to coast that will impact millions of people. >> no escaping it, huh? >> no. >> thanks. >>> tax hikes, spending cuts, and the u.s. economy caught right in the middle. we can o
of energy regulations are coming into effect that will cost electric costs to co-op which will affect the poor just as badly as it is the rich? host: mark from ohio, good morning. caller: all the power was taken from the epa and given to the nra. there is no fiscal cliff. there was another so-called fiscal cliff in 2008. give money to the billionaires and banks. when eisenhower took office, he gutted the military. taxes were 9% on corporations. 10 trillion dollars being horded. the problem lies and propaganda. 90% of all our information from the tv and the radio comes out of the state of texas and new york city. that is wall street. there is an economy based on military bases and nafta and oil. that is clear channel radio. time warner comes out georgia. up on the east coast, new york city is for the bankers are and insurance companies and derivatives and the jews that run the media. host: i will stop you on that point. this is from jan. some of you sharing your thoughts on our facebook page as well. one person writes -- host: join us honor twitter page or on our facebook page. rick fr
phased out for more energy-efficient ones. >>> a new law in australia is banning ladies' nights. is it's part of an effort to tackle binge drinking but some bars found a little hole that says if the deal applies to everyone it's okay. so they might be offering drinks to men. >> despite the last-minute deal settled in the u.s. senate last night, the united states has technically fallen off the fiscal cliff as of now. the house has not voted and the president has not signed anything. why couldn't washington have solved this problem earlier? they have had it for over a year. did it have to be pushed to the very last second? i'm joined by debby dingle and ron myer. does it have to be done like this? >> i think all of us would like to see it not done like this, but i think the reality of what the tax increase would be to 100% of americans, i still think we're going to hear a lost static on the house side before you see that vote. it takes coming down to the wire, unfortunately, too much in washington to get the answer to occur. we're only punting. it's going to make march madness a new defi
is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the northern part of european. what europe wants is these countries, mainly germany to bail the rest of europe out. germany has balked at that quite a bit. merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week
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, expanding clean, renewable energy and protecting our precious natural resources. he will defend our native hawaiians and all of our nation's first people, those americans who exercise sovereignty in lands that later became part of the united states. he will uphold the values and priorities of our unique state. i say to my friend, the new junior senator from hawaii, never forget that you are here with a solemn responsibility to do everything you can to represent the people of hawaii, to make sure that their needs are addressed in every policy discussion, to speak up and seek justice for those who cannot help themselves. god bless you, senator schatz. god bless hawaii. god bless the united states of america. mr. reid: mr. president? the presiding officer: the senator from nevada. mr. reid: before my friend from hawaii leaves the floor, we have all come and given speeches -- one of us at least -- about you, but we haven't had a lot of people on the floor when we have done that. your presentation right now is typical for dan akaka. never a word about you, always about somebody else. and if the
want to spend the time and energy to do that, then you should stand aside and we should proceed with a simple majority vote and address the issue at hand. so i do think we need to address that silent filibuster, that secret filibuster. the american people deserve to know why it is we're not getting their work done, and if they can see it's being blocked by a group that is flickly making their case, they can either agree with them and say that person is a hero, they are standing up for some core principle and we salute their efforts or we can say they're a bum because all they're trying to do is paralyze the senate, they are not making any valuable point, and that feedback i think will help us resolve some of those filibusters. now, in some cases, folks have said well, isn't that going to eat up even more of the senate's time? and i respond no, it's not because we're just talking about what is now silent and hidden but paralyzing us being done in public where there is actually a dialogue about the issue at hand, the public can participate. it's not the only thing that should be d
you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise in a sweater vest, counting down the top campaign stories of the year, number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney stumbled in some of the early contests. he refused to release his tax returns allowing newt gingrich to take south carolina. >> we proved here in south carolina that people of power beats big money. >> reporter: but that big money eventually cleared the field and romney set his sights on the president. >> it's still about the economy and we're not stupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had had locked up the nomination, his former private investment capital was crashed by the s
. i love this city. i love the diversity of it. i love work walking. i love the energy. but at the end of the day -- >> california cool. >> california is home. >> what about chicago, though, which must hold a special place in your heart right now, because that is where your son is working following in dad's footsteps. and you guys did the coolest thing co-anchoring the news together. >> the anchoring thing is very funny because he just got married. and he and his wife invited us to come from thanksgiving. i said great. i said you're not working thanksgiving. well, actually i am working. i said oh, man. i said, well, i know sometimes in the news room people want thanksgiving off. if your co-anchor wants off i'm happy to fill in he goes really? i said yeah. i was half joking. ultimately his co-anchor was work. but they needed him to do the noon news and he didn't have a co-anchor. they said do you want to do it? i'm like really? so i'm like yeah, yeah, i'm in. so we did. and i know he's dish watch him all the time because i have a sling box. i can watch him. i know he's really good. but
was an engineer with a passion to try a lot of new stuff and i have a lot of energy. i hired people because i could not do myself what i wanted to do, and so i had employees. and i respected the work that they did because i gave them good salaries and the very best dental and health insurance, better than lockheed. and i never thought that i was there to grow a business or to make a profit. in fact, the number one thing -- and i always said that even to those who held stock in my company -- the number one thing, the biggest priority for my employees was to have fun. i enjoyed the accomplishment of breakthroughs and the fun of a first applied. and everyone who worked for me deserved to have that enjoyment. the second priority was the families of the employees have fun. that is why we provided good salaries and good health care and so on. the third priority, no cutting to make a profit. it is tough to say that to a stockholder or a board member. but every company i have ever seen go bankrupt, they started having fun -- they stop having fun before that. when people have fun, they will work like.
consequence. she's apparently to be head of a energy company that wants favors from epa or princeton. it's more important. we got legal proceedings to stop this massive economic dislocation. hopefully these candid discussions in the name of a false identity will shed light on that case. >> kelly: chris, we thank you for joining us and discussing this case that you're now pursuing. >> thank you. >> eric: coming up, the two things you'll need to know for new year's. great easy cocktails and a hangover cure you can find in the fridge. >> kelly: let's check in with gregg jarrett for what's coming up at the top of the hour. >> it's not my fridge. president obama set to meet today with house and senate leadership to make one more attempt to avoid going over the cliff. one prominent senator says hey, this meeting feels more like optics than anything real. are we skeptical? we'll have a fair and balanced debate. are dozens of law schools guilty of legal ethics violations? not mine. legal panel is here to weigh in on that in "america's newsroom" [ malennouncer ] it's tt time of year again. time f
politics and legislation. it is not in our genes to put a whole bunch of energy in getting the republican party. we've not learned how to do that yet, i don't think. i like being a democrat for that reason. >> one of the things we hear from long-term members or members who are leaving is the congeniality here has changed. what is your view? >> person-to-person, you know what our elevators are like here. the public probably doesn't but we get squished and it is fun. there's humor and there is a lot of banter and people don't dislike each other, period. but you get off that elevator and it changes. when i first got here, people were -- the thing that surprised me was how polite, how respectful everybody was to everybody no matter what party you were, no matter what the issue was. it was very respectful. so you could carry on real conversations that over the years it has gotten -- it is just not. that's been a huge disappointment. >> our research shows that you are spoken on the floor, given 400-plus speeches. >> almost 450. >> in the house of representatives, why do you use that platform an
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